The cannabis excise tax is to be paid on or before the twenty-fifth day of the month following the month in which the taxable sale occurs.
History: Laws 2021 (1st S.S.), ch. 4, § 46.
Effective dates. — Laws 2021 (1st S.S.), ch. 4 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 29, 2021, 90 days after adjournment of the legislature.